Grooming for Sale and Sales Due Diligence – London, UK
Office: Horwath HTL UK
Category: Hotel Transactional Advice, Business review, Due Diligence
Scope of work: Business review and preparation for sale of two hotels in London.
Description of project: Horwath HTL UK undertook an asset review and assisted in the preparation for sale of two upscale boutique hotels located in London Kensington, with an estimated value in the region of 40 million. The assignment included operational reviews, contract reviews and corporate financial advice. Horwath HTL UK assisted the current owners with due diligence services for the acquisition.
Project Status: The hotels were sold close to the asking price.